options and fee pool, page-9

If the sp had risen to say around the 2.80 mark and held that a pay rise might be in order. But various delays regarding Ridley, (which would have attracted much more before the proposed new tax which they all knew was
coming), a weakened cash position (although I think we are all in agreement MDs have used funds for a great long term plan), leads me to agree the current proposal of more options is a little excessive. Perhaps next year when all palsn HAVE been implemented that is appropraite.

I am sure the resolution it will get through though as they always do.